Major World Trade Organization conference postponed due to new strain of Covid


Source: thebharatexpressnews.com thebharatexpressnews.com

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Geneva: Next week’s World Trade Organization ministerial conference, the largest gathering of the world trade body in four years, was postponed at the last minute on Friday due to the new Omicron Covid-19 variant. The WTO hoped the four-day meeting in Geneva would breathe new life into the crippled organization, which has been stuck for years trying to make progress in solving problems such as fisheries subsidies. New Managing Director Ngozi Okonjo-Iweala also hoped, against all odds, to reach an agreement on the lifting of patents on Covid vaccines, proving that the WTO had a relevant role to play in...